Answer:
![\left[\begin{array}{cccc}&West&East&Total\\$Sales&2,432,000&760,000&3,192,000\\$Traceable Fixed&-210,000&-160,000&-370,000\\$Business Fixed Cost&&&-105,000\\$Income&2,222,000&600,000&2,717,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26West%26East%26Total%5C%5C%24Sales%262%2C432%2C000%26760%2C000%263%2C192%2C000%5C%5C%24Traceable%20Fixed%26-210%2C000%26-160%2C000%26-370%2C000%5C%5C%24Business%20Fixed%20Cost%26%26%26-105%2C000%5C%5C%24Income%262%2C222%2C000%26600%2C000%262%2C717%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The units sold on each region should be multiply by the $76 unit selling price.
Then, we subtract the fixed selling expense tracable to each division
and then, we subtract to the whole company the common fixed cost.
Answer:
a) Predetermine overhead rate = 1710000/95000 = 18 per machine hour
Applied overhead = 18*75000 = 1350000
Under applied overhead = 1687500-1350000 = 337500
b) Cost of godos sold allocated amount of under applied overhead if fully allocated on cost of goods sold = 337500
Cost of goods sold allocated amount of under applied overhead if allocated on appropriate accounts = 337500*759375/1350000 = 189843.75
Difference in net income = 337500-189843.75 = 147656.25
Answer:
The FED must decrease the price of money (or interest rates), and to do that it will buy US securities. By purchasing securities, the FED will decrease the money supply, lower the interest rates and halt inflation. This is called a contractionary monetary policy.
It can also increase the banking system's required reserve ratio, but besides lowering the interest rates, it will also decrease the supply of credit cards even further, so one action could offset the other. That is why this policy might be inefficient in this specific case.
Answer: Option (D) is correct.
Explanation:
Correct option: A nation cannot have a comparative advantage in the production of every good.
A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.
While calculating the opportunity cost of producing a commodity, country takes into account both the commodities. Hence, it was not possible that a country is having comparative advantage in the production of every commodity.
Answer:
1. The name of Walmart’s CEO and President is Doug McMillon.
2. For the fiscal 2018 the company generated $28.3 billion as operating cash flow.
3. The amount of provisional benefit recorded by Walmart as a result of tax reform was $207 million. This amount was for both the full quarter and full year.
4. For fiscal 2018 the company had employed 2.3 million associates across the world.
5. Gross margin = gross margin/net sales.
Gross margin = net sales – cost of goods sold.
Gross margin % for Q418:
Net sales (excluding membership and other income) 135,150.00
less: cost of sales -102,640.00
Gross margin 32,510.00
Gross margin % (gross margin/net sales) 24.05
